Fleming Gulf’s Global Mining Technology Forum 1st -2nd March 2010, Dubai -UAE

There is a real need of a highly modified technology for the mining industry today. Being an informational economy, we recognize the increasing availability of information given to us through various resources. On the other hand, we now have tools to enable us to garner great value from that information quite readily. New information products can better inform decision processes. As businesses are... 

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Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine

Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note).... 

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La Cortez Energy Announces the Start of Drilling Operations for the Mirto-1 Well

La Cortez Energy, Inc. an early stage oil and gas exploration and production company currently pursuing a business strategy in the energy sector in South America announce that Emerald Energy Plc., the operator of the Maranta Block where La Cortez will hold a 20% working interest, has begun drilling operations for the Mirto 1 exploratory well. The Mirto 1 well will be drilled to an estimated target... 

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Homeland Energy Group Provides Operations Update for Kendal Colliery & Exploration Projects in South Africa

Homeland Energy Group Ltd. provide an update on the status of its Kendal Colliery following a planned shut-down for plant improvements and on its key exploration projects in South Africa. “While the first year of any operation is filled with a certain amount of excitement, it is also the year in which the operations team makes adjustments and improvements to ensure the operations run according... 

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Echo Energy Canada Inc. report indicates reductions in oil and gas reserves

Echo Energy Canada Inc. is providing an update on the independent reserves assessment and evaluation of its oil and gas reserves effective December 31, 2008. The reserves report was prepared by GLJ Petroleum Consultants Ltd., an internationally recognized leader in oil and gas asset evaluations, pursuant to recommendations of National Instrument 51-101. The reserve report received on Friday by the... 

Mincom Signs a Multi-Million Dollar Outsourcing Deal with Xstrata Queensland Limited

Mincom, a leading global provider of software solutions and services for asset intensive industries, has signed a multi-million dollar outsourcing contract with Xstrata Queensland Limited. Following a competitive tender process, Mincom won the contract to provide managed services to Xstrata’s operational sites in north Queensland and the Northern Territory starting next month. The contract, which... 

Alaska Community Groups Receive Pebble Fund Grants

Northern Dynasty Minerals Ltd. announces that the Pebble Fund for Sustainable Bristol Bay Fisheries and Communities, established by the Pebble Limited Partnership last year, will dispense its first $1 million in grants to 33 successful applicants this spring. The Pebble Fund was established in February 2008 as a five-year, $5 million commitment to support community-led initiatives that enhance the... 

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ViaLogy Technology Delivers Large Oil Find

ViaLogy announces that its QuantumRD(TM) oil exploration technology and service has been credited with locating a major new oil deposit on the Galba Prospect in South Central Texas. The success marks the operational and commercial validation of the company’s software-based seismic interpretation service for oil and gas reservoir discovery and characterization. The technology accurately predicted... 

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Brinx Announces First Well in the 2008-3 Program Intercepts 200 Feet of Gross Pay

Brinx Resources has announced that the first well in Ranken Energy’s 2008-3 drilling program, the Selman #1-21, was drilled and reached a total depth of 6842 feet on January 28, 2009. Open logs were run on the well and indicate a gross pay interval with gas shows from 6046′-6051′ in the Gibson Sand and from 6054′-6234′ and 6444′-6460′ in the Viola Formation.... 

Western Troy Acquires Gold Claims in Quebec, Delays MacLeod Lake Feasibility Study

Western Troy Capital Resources Inc. announced it has staked 92 claims in the Ashuanipi Lake district approximately 50 kilometers northwest of Schefferville, Quebec. The claims cover the south limb of a folded iron formation with numerous gold values ranging up to 24 g/t over a strike length of 5.5 kilometers. Anomalous values were also detected in silver (30g/t), copper (1.28%), and tungsten (0.17%).... 

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